4697 Stoddard RdPort AustinMI48467
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Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Port Austin at 4697 Stoddard Rd, Port Austin, MI, 48467 offers a 8.96% rental yield on a $176,200 purchase with $1,315/mo rent. Total monthly income registers $1,315/mo, and a $862/mo payment leaves $153/mo available for distribution. Annual cash flow reaches $1,842/yr on $58,410 to close, and return on cash invested stands at 23.06% in year one. Equity gained on principal adds $1,137/yr while 5% annual appreciation supports $48,681 over five years. Portfolio math shows five-year ROI at 120.33% and total cumulative return in cash at $70,284. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,315/mo property income against a $862/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1999
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48467, Port Austin, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,765 (100%) |
| Owner Occupied HU | 966 (34.9%) |
| Renter Occupied HU | 170 ( 6.1%) |
| Vacant Housing Units | 1,629 (58.9%) |
| Median Home Value | $196,196 |
| Average Home Value | $261,638 |
Housing Distribution
Address Breakdown
Residential
1,152
Single Family
1,130
Multi-Family
22
Businesses
110
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Listed by: N/A • N/A
Mls Name: RMLS Multi-List
Mls Provider:
Mls ID: #501-25-0017